New Mountain Finance Corporation Announces Pricing of $200 Million of 7.50% Convertible Notes due 2025 and Announces Preliminary Financial Results for the Quarter Ended September 30, 2022

Oct 28, 2022

New Mountain Finance Corporation (the “Company”) (NASDAQ: NMFC) announced today the pricing of $200.0 million in aggregate principal amount of its 7.50% convertible notes due 2025 (the “Notes”). In connection with the offering, the Company entered into a private placement purchase agreement (the “Purchase Agreement”) with the several purchasers, each of whom is an “accredited investor” as defined in Rule 501(a) of Regulation D under the Securities Act of 1933, as amended (the “Securities Act”) or a “qualified institutional buyer” within the meaning of Rule 144A promulgated under the Securities Act. The closing of the offering is subject to customary closing conditions and is expected to take place on November 2, 2022.

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